family responsibilities, disability, enrollment in college or vocational school, political . Apple tops ranking of global companies with the most 'green' revenue, UPDATE 2-North Korea says UN should demand end to S.Korea-US military drills, US Treasury puts cost of outbound investment risk program at $10 million, US Jobs Report and Powell Testimony Take Center Stage: Eco Week, Bond Mavens Favor Curve Wagers for Next Encounter With Jobs Data. Political revenue was a second quarter record of $51 million up 53 percent from 2018, the . The 20 markets renewed cover 17 percent of the U.S. audience and nearly 21 . On. TEGNA Stations Live, Local and Always on Streaming Apps Reach Nearly 800,000 Installs and over 1 billion Minutes Viewed in 2022 During 2022, TEGNA stations streaming apps were installed nearly 800,000 times on Roku and Fire TV and audiences logged more than 1 billion minutes of viewing. Also after closing, Premion is expected to operate as a standalone business majority owned by Cox Media Group and Standard General. TEGNA INC. : Shareholders Board Members Managers and Company Profile The split was completed on June 29, 2015. TEGNA Inc (TGNA) - Strategy, SWOT a Email from Mediacom about Tegna stations : Iowa - reddit TEGNAs purpose is to serve the greater good of our communities. In general, the news is reported factually and with minimal bias. The broadcasting company retained KPNX, which took the name TEGNA. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Standard General and Tegna, MB Docket 22-162 | Federal Communications TEGNA Inc. (Tegna), and SCGI Holdings III LLC, an affiliate of Standard General L.P. (SCGI and Standard General), have filed applications to transfer control of Tegna and the licenses of 64 full-power television stations and two full-power radio stations from Tegna's current shareholders to SCGI. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. We look forward to building on the Companys strong foundation and leveraging Debs deep industry experience to drive further growth.. Exposing corruption and wrongdoing, holding elected officials and those in power accountable, giving a voice to the voiceless and telling empowering stories that impact our lives is at the heart of our purpose to serve the greater good. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. The company, which will retain the Tegna name, will be controlled by an affiliate of Standard General, with Standard Media CEO Deb McDermott (who previously led Young Broadcasting and Media General) becoming CEO. Years at Gannett/Tegna: 31 Positions in that time: Assistant treasury, vice president in the treasury group, vice president of investor relations, chief financial officer, president and chief . The broadcasting company retained KPNX, which took the name, 12 News KPNX is owned and operated by TEGNA Inc., which operates 66 television stations in 54 markets. [29] The sale was approved by the FCC on July 29, 2019,[30] and was completed on August 8. [27], On May 6, 2019, it was reported that Tegna was going to acquire the 85% of the Justice Network and Quest from Cooper Media that it did not own already for $77 Million to close by the end of the second quarter. Total company revenue was a record $3.3 billion, up ten percent year-over-year, driven by strong growth in political revenue and record subscription revenue despite AMS revenue declines as a result of political displacement and macroeconomic headwinds. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Being a big, bold thinker/innovator and at times, disruptor, for the station. Press Freedom Rating: MOSTLY FREE None of the information on this page has been provided or approved by TEGNA. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login In October 2022, Chair of the House Energy and Commerce Committee Frank Pallone and Speaker of the House Nancy Pelosi issued a letter to the FCC expressing concerns for the transaction, arguing that it "would violate the FCC's mandate by restricting access to local news coverage, cutting jobs at local television stations, and raising prices on consumers." Adjusted EBITDA is not intended to purport to be an alternate to net income as a measure of operating performance or to cash flows from operating activities as a measure of liquidity. We have never been more certain of the importance of our role than we are today. About TEGNA. JAKES" SET TO PREMIERE MONDAY, SEPTEMBER 12, 2016 TEGNA", "Exclusive: Tegna's 'BOLD' to Be Renamed 'Daily Blast Live', Tegna, TV One to Launch Daily Talk Show Sister Circle, TEGNA Announces Sing Like a Star, New Singing Competition Premiering September 16, "NATPE Roundup: Fox TV Stations Renew 'Page Six TV,' Sony Pictures TV Teams With Tegna", "How This New Platform Plans to Make Buying Ads on Streaming Services Easier", http://investors.tegna.com/news-releases/news-release-details/tegna-acquires-leading-local-sports-podcast-network-locked, https://awfulannouncing.com/podcasts/tegna-acquires-locked-on-podcast-network.html, "Meredith Buying Three Stations From Gannett", "Meredith Corp. closes on $177million purchase of KMOV", https://en.wikipedia.org/w/index.php?title=Tegna_Inc.&oldid=1142769168, Defunct, went silent in 1954, frequency now used by. It has an unusually high proportion of employees who are members of the Democratic Party, at 87.0%. The largest donation made to a political party by a TEGNA employee was by Richard Moody. Why the 'Trump factor' means record revenue for Tegna TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. In connection with the proposed transaction, the Company will file relevant materials with the U.S. Securities and Exchange Commission (the SEC), including a proxy statement on Schedule 14A. The station needs an outstanding talent to bring viewers to the biggest sporting events in Indiana including extensive coverage of the . For Ad-Free Subscriptions go here: https://mediabiasfactcheck.com/membership-account/membership-levels/, Terms and Conditions Im very excited about what the future holds for TEGNA.. Non-GAAP expenses less Premion costs increased two percent from the fourth quarter of 2021, driven primarily by programming expenses. These cable networks were owned by Belo prior to acquisition by Gannett/Tegna: "TEGNA" redirects here. TEGNA is ranked #13 on the Best Media Companies to Work For in Virginia list. TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. TEGNA's third-quarter 2022 non-GAAP earnings of 65 cents per share missed the Zacks Consensus Estimate by 9.72% but increased 12.1% on a year-over-year basis. TEGNA Inc. Reports Fourth Quarter and Full-Year 2022 Results In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape." THE COMPANY URGES YOU TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE PROPOSED TRANSACTION AND RELATED MATTERS. Dear Mediacom Customer, As you may be aware, Tegna has been blocking Mediacom customers from watching the local broadcast stations it owns since December 31st. [58] When the total internet media division was part of the Gannett Company, it managed the websites for USA Today, as well as Gannett's newspaper and broadcast properties throughout the United States. TEGNA hiring Account Executive in Knoxville, Tennessee, United States The "new" Gannett inherited old Gannett's longtime ticker symbol, GCI. Affiliates of AGM, as well as Cox Media Group (which is principally owned by AGM, with Cox Enterprises as a minority shareholder) and other investors, will hold non-voting shares in the company. Posted: March 02, 2023. On February 22, 2022, TEGNA Inc. and Standard General L.P. announced that TEGNA and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired. These achievements are a credit to the hard work of TEGNAs dedicated employees, who are the Companys most valuable asset. Advertising and sponsored content generate revenue. TEGNA Parties Democratic Party 87.5 % - Republican Party 12.5 % - Employee Political Donations [7] The spin-out was structured so that "old" Gannett changed its name to Tegna, Inc., then spun off its newspaper holdings into a "new" Gannett. 703-873-6747 It operates approximately 64 television stations in over 51 United States markets and owns four network affiliates in approximately 25 markets among independent station groups, reaching approximately 39 % of all television households nationwide. TEGNA Inc. (NYSE:NYSE:TGNA) Q1 2021 Earnings Conference Call May 10, 2021 9:00 AM ETCompany ParticipantsDoug Kuckelman - Head of Investor RelationsDave Lougee - President and CEOVictoria. [52], On December 9, Tegna greenlit the series for an entire run for the 20162017 broadcast season. TEGNA Inc. (TGNA) CEO Dave Lougee on Q1 2021 Results - SeekingAlpha 12news.com is the website for KPNX that covers news, sports, and weather. In terms of audience reach, Tegna is the largest group owner of NBC-affiliated stations, ahead of Hearst Television and Sinclair Broadcast Group, and the fourth-largest group owner of ABC affiliates, behind Hearst, the E. W. Scripps Company, and Sinclair. A large media company with 6,883 employees and an annual revenue of $3.0B, TEGNA is headquartered in Virginia. TEGNA has great employee retention with staff members usually staying with the company for 5.1 years. The Community Grant program serves to address local community needs. [14], Prior to the company's completion of the spin-off of Cars.com, it was reported by DealReporter that Nexstar Media Group may be considering a bid to acquire Tegna. The transaction has an equity value of approximately $5.4 billion and an enterprise value of approximately $8.6 billion, including the assumption of debt. [34], A carriage dispute with Dish Network, beginning on October 6, 2021, resulted in the removal of at least 64 Tegna stations in 53 markets, covering about nearly 3 million customers. For the former Swiss municipality, see, This article is about Tegna, formerly Gannett, as a broadcast and digital media company. [38], Kim began to engage in a proxy fight, with Standard General proposing four nominations to Tegna's board of directors at its next shareholders' meeting in April. They state TEGNAs purpose is to serve the greater good of our communities. Tegna owns or operates 66 television stations in 54 markets, and holds properties in digital media. Political revenue was a record for a non-presidential election year at $341 million, up 21 percent from 2018 on a pro forma basis1. Based on our research, similar companies to TEGNA are ION Media Networks, Discovery, and Univision Holdings, Inc. On February 22, 2022, TEGNA Inc. and Standard General L.P. announcedthat TEGNA and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired by. in preparation forTegnas annual shareholders meeting scheduled for May 7.
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